Maruti Suzuki to hike prices across models by up to ₹30,000 from June 2026

Automobile market leader Maruti Suzuki India announced on Thursday that it will increase the prices of its vehicles according to models. ₹30,000 from June 2026 due to inflation pressures and an adverse cost environment.

It joins Tata Motors Passenger Vehicles, Mahindra & Mahindra and Hyundai Motor India in announcing price hikes earlier.

In a regulatory filing, the company said it has been absorbing cost pressures through internal efficiencies over the last few months. But he noted that sustained input cost inflation leaves limited room to fully offset the impact.

The company decided to increase the prices of the models in its portfolio until 2019. ₹30.00 with effect from June 2026, Maruti Suzuki India said in a regulatory filing.

“The exact amount of change will vary from model to model,” he added.

“Over the past few months, the company has been making continuous efforts to reduce the cost impact to the extent possible through cost reduction measures,” the company said.

However, he also said: “With inflation pressures now at high levels and the unfavorable cost environment continuing, the company needs to pass some of the increased costs onto the market while continuing to ensure the impact on customers is kept as low as possible.”

The development comes as conflict in the Middle East has disrupted global trade routes and energy markets, driving up prices for key inputs and putting pressure on companies to pass on higher costs to customers.

Last month, Maruti had warned of the potential impact on demand for price-sensitive entry-level cars if petrol prices rise.

Maruti Suzuki India currently sells a wide range of vehicles, from the entry-level S-Presso to the premium utility vehicle Invicto. ₹3.49 lakh and ₹28.7 lakh (ex-showroom).

In recent months, company officials have signaled the possibility of price increases due to rising commodity costs.

In January this year, the company introduced a price protection plan for customers who reserved its vehicles because it was unable to secure supplies due to production restrictions.

The company had closed FY26 with around 1.9 lakh outstanding customer orders; of these, around 1.3 lakh were in the small car segment under the 18 per cent GST bracket.

In September last year, after the rollout of GST 2.0, the company reduced the prices of the entry-level S Presso model by up to 200 million. ₹1,29,600; Up to Alto K10 ₹1,07,600; by Celerio ₹94,100; and up to Wagon-R ₹79,600, among others.

(With input from institutions)